Alba conducts ¡®Market Downturn¡¯ workshop for management

Aluminium Bahrain B.S.C (Alba), one of the world’s leading aluminium smelters, held a special workshop - ‘Market Downturn’ for its Executives, Directors and Managers on Wednesday, September 16, 2015 at the Oasis Hall.

The ‘Market Downturn’ workshop, led by Alba’s Chief Executive Officer, Tim Murray, aimed to discuss the challenges on the back of the significant drop in LME prices and physical premiums.

This workshop has also focused on fast-action cost reduction roadmaps. Mr. Murray stressed on the importance of safety, cost control and productivity improvements. Throughout the workshop, individual departmental goals and roadmaps were reviewed by the CEO, who later opened the floor for discussion.

Adding further on the ‘Market Downturn’, Mr. Murray said:

“Alba is facing difficult LME market conditions as well as the impact of rising natural gas prices. Alba must reinvent itself and accelerate its efforts to remain cost competitive.”

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.